China’s Economy in 2017: A Good Driver of the World Economy

On January 18th, the National Bureau of Statistics revealed that in 2017, China’s gross domestic product (GDP) totaled 82.7 trillion yuan (about 12 trillion U.S. dollars), surpassing the 80 trillion yuan mark. The country’s economy expanded 6.9 percent in 2017, with the pace of growth accelerating for the first time since 2011.

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China Opens Door Wider in Contribution to a Community of Shares Future

Chinese President Xi Jinping delivered two keynote speeches a year ago in Switzerland, calling for a community of shared future, and achieve win-win development. On January 17, 2017, President Xi Jinping delivered a keynote speech at World Economic Forum annual meeting in Davos. On 18th January, 2017, President Xi Jinping again delivered a keynote speech at the UN headquarters in Geneva.  This is a significant and meaningful contribution to global economic governance and to a just new international order.

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China Accelerates All-Round Opening-Up

The Central Economic Work Conference highlighted the importance of three baseline tasks and eight major tasks, and made specific requirements to lay down the critical foundations and guarantee for the economic work for the coming year and future years.

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Strive Hard for Ecological Civilization in the New Era

Green development has been recognized as a basic requirement and fundamental feature of building an ecological civilization, and has become a major driving force of sustainable international development. Since the global financial crisis an economic revolution centered on the green economy has swept the world, and green growth based on new technology has become a strategic choice for various countries to deal with the crisis and achieve sustainable development.

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Into a New Era—the Future Orientation of China’s Economy

This year’s Central Economic Work Conference is the first top level meeting since the 19th CPC National Congress. It directly determines general economic policy in the first year after the congress, and has sketched out a new blueprint for our country’s economic growth— a new era of economic development.

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